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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Mar 07, 1935
Page
5
Stocks and bonds moved in a narrow range as the New York exchange closed with mixed results. Traders cited easy Liverpool cables and foreign selling followed by modest hedge buying, with several issues slipping while others held steady led by notable gains and losses across diverse industries.
A saucy 20th century note recounts a club of waiters forming a covert observers unit to track "femmes" visiting the hill. Leaders Hennessee and Grezdik recruit privates, report quality declines, and threats of reorganization loom as humor and camaraderie mix with army life. Cadet dances, fishing tales, and rivalries pepper the column with light satire.
The text argues for explicit presidential powers to impose and modify labor codes, safeguards against unfair competition, and mechanisms to prevent natural resource waste. It calls for standards on minimum wages and maximum hours, code financing, insignia use, tighter anti monopoly rules, defined employee rights, clearer definitions, strengthened enforcement, and periodic code revisions.
Palmer recounts a confrontation in which he says he fired 75 yards away as Bill Oliver shot at him. He claims he returned fire with a pistol then used a high-powered rifle to kill Oliver, after which Oliver’s horse fled. Palmer says he later captured Shumway and hauled him several miles.
New York March 7 AP stock market recovers from inflationary spree with moderate gains across the board though trading is slow. Leaders lack buoyancy but technicals help. Commodities mixed. grains rise, cotton steady, bonds firm. Firms like Santa Fe Delaware & Hudson Southern Pacific Howe and Gerro De Paseo show slight gains. Transacts total $36,303.
Kansas City market summary for March 7 shows cattle prices with top steers around 13.30, feeders 6.25 to 9.75, calves near 11.75, and heifers near 4.00 to 9.00. Sheep and lambs feature top fed lambs at 8.60 and yearling wethers 5.75 to 7.50, with ewes and light lambs 4.00 to 5.35.
U S bonds including Fourth 4 1 4s quoted at 33 38 and 100 29. Treas 4 1 4s at 47 52 and 115 28. Home Owners 3s at 49 and 101 22. Fed Farm Mtg 3s at 49 and 101 19. Fed Farm Mtg 3 1 4s at 64 and 103 8.
Boston wool market reports very active demand for fine western grown wools. Twelve month Texas wools sold around 65 cents scoured, average lines 61 to 63 cents. Large weights of short Texas wools moved at 55 to 57 cents scoured for eight month greasy lines and around a similar level for greasy fall wools.
Floyd Broncos arrive with a 16 and 1 season mark and a district title win over Clovis 38 to 18. Clovis High Wildcats, state gridiron runners-up, are noted threats after beating Santa Fe High and Tucumcari High while losing narrowly to Albuquerque High. Albuquerque High Bulldogs, with two defeats, also loom as tournament contenders.
Santa Fe March 7 AP New Mexico’s first landscaping project nearly nine tenths of a mile in Las Cruces awaits approval of the low bid by the bureau of public roads. The contract goes to Cook and Ransom Ottawa Kan for 8173.96. Four other projects total 187010.80 and include road surfacing and grading in Eddy McKinley Dona Ana Lea and other counties with bids to A O Peabody Ernest Everly Leone Brothers and others.
New Orleans March 7 Cotton market closed quietly up three points with sales of 121 bales. Middling at 12.52 cents.
Galveston March 7 spot cotton steady unchanged at middling price of 12.05 cents per pound with sales totaling 895 bales.
An explosion killed ten people and left several others injured in St. George area. B L Covington A Sampson and Elmer Erickson were lightly hurt and returned home after treatment. An inquest was held at the scene with Justice Harold S Snow and County Attorney Arval Hafen presiding.
G R Quesenberry of New Mexico State College credits the Chaves County Crop Improvement Association with rapid cotton lint gains. The New Improved College Acala seed, released by the State College, underpins many top results, maturing early with uniform staple and large easy to pick bolls. One Roswell grower yielded 32.6 bales from 13.4 acres in recent reports.
City officials report rapid progress on a sanitation project to replace unsanitary outdoor toilets where sewers are unavailable. Over twenty orders have been placed, with $6 material contributions, and work is done by FERA labor. Clyde Fulton will display a concrete slab tomorrow at city hall to illustrate the unit’s essential plan.
Mr and Mrs Ernest L Hodges return to Roswell after their wedding trip to El Paso They stay at the I son Hotel and plan to move to the Fowler Apartments Miss Edith Jones is the former Edith Jones.
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